As the nation moves to an all-electric future, demand is growing for cheaper, better, safer and more sustainable batteries.
The center’s three partners — the Department of Energy’s SLAC National Accelerator Laboratory, Stanford University and private industry – “will work together for the grand challenge in energy storage,” he said. “This is a very unique ecosystem.” To completely decarbonize the world’s transportation systems and electric grids, batteries must be capable of storing several hundred terawatt-hours of sustainably generated energy, according to SLAC. Only about 1% of that capacity is in place today.New funding will propel innovation. The Inflation Reduction Act, passed with bipartisan support in 2022, sets aside billions of dollars for EV and battery research and manufacturing.